If you don't want to look at the negative side of investing in bitcoin, but only the positive side, you might end up not without success in your bitcoin goal. It is a norms as an investor not to FOMO or get carried away with little price fluctuations,so that you don't get distracted from your focus on a long term goal.
However, on your investment journey, you must think of the risk attached to bitcoin investment, so that you can have an insight of how to overcome it, and become successful in your bitcoin journey. Anybody that is investing without think of the risk attached to it, will fail in that investment. So we should consider the other side of bitcoin and not only the bright side, to help us know how much to put in, and how to make sure our investments are safe.
Topic: We should be looking only at the brighter side - page 7. (Read 1184 times)
Everything has two sides to be honest. One where you see the positive thing, and other where there is something negative. You have many times heard the saying that every coin has two sides. Hence it applicable for Bitcoins also. Some people exploit the negative side of the coin. While some keeps on going to use it for the welfare. We can’t do anything, be it Bitcoins or anything, if people like to exploit it, we can’t help. So we just have to ignore these and move on.
Yep! Just like any other thing, Bitcoin has its good and bad sides. Some people might use it for shady stuff but others are all about using it for positive things. We can't control how everyone uses it but we can choose to focus on the good and keep moving forward. As long as we're using Bitcoin for positive purposes and ignoring the negatives, we're on the right track. It's all about staying optimistic and making the most of what Bitcoin has to offer
Being a Bitcoin investor or a holder comes without it's own ups and downs
Just a little advice OP, always make sure you proofread your post content before making them appear to the public, from what you just said here, bitcoin is a reliable investment but has its own challenges, this is what is expected of us in telling the newbies that are just coming in so that they are going to prepare their mind and know what is expected and at stake, anything that has an opportunity of making income also comes with its risk, this is what we should expect, you can earn or loose from bitcoin investment, but when you know what you're doin, the loss may be minimal and you're likely to be more profitable with bitcoin.
Everything has two sides to be honest. One where you see the positive thing, and other where there is something negative. You have many times heard the saying that every coin has two sides. Hence it applicable for Bitcoins also. Some people exploit the negative side of the coin. While some keeps on going to use it for the welfare. We can’t do anything, be it Bitcoins or anything, if people like to exploit it, we can’t help. So we just have to ignore these and move on.
We can't know for sure that Bitcoin will continue to grow, but we can reasonably expect that to happen and believe that it will happen. I think that completely ignoring negative things isn't the best strategy because it's important to be realistic and to respond to risks when they occur. For now, the situation is pretty good, but at some point something serious enough to doubt Bitcoin's future might happen, so being realistic will come in handy. Instead of ignoring the bad stuff, I believe that we should learn to accept it and be calm about it.
No investment comes with risk free. Every business has it's own risk and crypto isn't an exception here. Anyone looking at the risk in business can never become an investor. One just need to learn how to minimize the risk in any business one is planning to do. That is why is important to learn about crypto before investing in it. This will help you to manage your risk.
That's right, and the smartest ones are those who are already good at navigating this and if they already know how comfortable it is to invest in BTC in the long term, it's just that market conditions change and that puts more or less pressure on changing our trading patterns for short-term trading, of course with various alibis, but what is certain is that short-term trading is tiring and uses up a lot of energy.
Off course, there are many indicators that can be studied and applied, although none of them are perfect and suitable when we are going to make decisions about when to place a set buy bid and to set sell, Yeah. we also know that Bitcoin also has an element of volatility and it is very likely that it will not disappear soon. For me and everyone who already understands Bitcoin, this is not a bad investment when you see the market is correcting because after all normal Bitcoin has been proven many times to be able to generate profits for those who hold it.
Being a Bitcoin investor or a holder comes without it's own ups and downs that makes us want to sell off all of it without looking back, but know one thing, their is actually a light, at the end of the tunnel, we should not be looking at the higher transaction fees, the network congestion, the complications and effort needed to hold perfectly without you selling due to financial pressure, the negativity and speculation around it by hater, the stress and measures put in place to secure it well from scammers, but as a true Bitcoineers, we should only be look at the brighter and the bigger picture of how much you stand to gain, if you keeps on holding, look only at the brighter side of it, because that's what going to motivate you when you feel tired, cheer to all Bitcoineer🍷🥂🥂
No investment comes with risk free. Every business has it's own risk and crypto isn't an exception here. Anyone looking at the risk in business can never become an investor. One just need to learn how to minimize the risk in any business one is planning to do. That is why is important to learn about crypto before investing in it. This will help you to manage your risk.
Yes, I agree with you, of course we will not be free from risk because in the online and offline world everything contains risks. Yes, investing in crypto certainly cannot be separated from risks, but of course the safest crypto is Bitcoin. Yes, in any case, if we think too much about risks and don't dare to take steps because of risks, then we won't be successful in any business.
Yes, managing risk is of course also very necessary, but yes, in this case, insight is needed because with a lot of insight and knowledge, we will find it easy in any case, as well as investing in Bitcoin. And indeed, what needs to be done for someone who wants to get involved in crypto, especially Bitcoin, is of course to first know the knowledge and what money is appropriate to put into Bitcoin so that investing in BTC feels comfortable.
Yes, of course we have to look at the positive side of Bitcoin so that we are enthusiastic and have the potential to be successful in the future, but in my opinion we also need to look at the negative side so that we are always alert to Bitcoin's movements so that we can manage risk. So knowledge and information are very much needed.
As the quote says, "you can't please everybody". And that's the thing for all of those flaws that you've mentioned and it's up to the person if he'd look that up at most times because there is no perfect projecy nor a system. While we've been into this for quite a while, everything that's about negativity should just be ignored. It will make you stronger and firmer holder/investor of Bitcoin if you're looking on it as a long term holder. Your feelings will be tested when there are some big dumps and that's how it made my heart stronger. So, don't be part of those people when someone describes a market dump as "shaking of the weaklings".
Bitcoin investment in the long term cannot be used as the main source of income to meet living needs. In the economic aspect, there must be other work to meet life's needs. In my opinion, long-term Bitcoin investment is buying Bitcoin with saved money and saving it without using the money for daily needs
For me, it's normal to notice some issues with Bitcoin because if you are actively using the Bitcoin network, especially in your daily lives, you will notice some things that are bothering you.
But to answer this specific question, we already have solutions for these kinds of problems nowadays. And for me, noticing this kind of problem is challenging because it will help for Bitcoin or other projects that can help Bitcoin to grow and improve.
Nothing is perfect and Bitcoin blockchain is not perfect.But to answer this specific question, we already have solutions for these kinds of problems nowadays. And for me, noticing this kind of problem is challenging because it will help for Bitcoin or other projects that can help Bitcoin to grow and improve.
The strength of Bitcoin network is from its decentralization with highest network hash rate, many full nodes and also from the disappearance of the founder, Satoshi Nakamoto.
There is no Halt button on Bitcoin blockchain like Binance Smart Chain and many altcoin smart contract blockchain.
If people are looking for a safest blockchain, it's Bitcoin blockchain.
https://howmanyconfs.com/
If they want to have cheaper transaction fees, they can use altcoin blockchain but with higher risk of network attacks.
Being a Bitcoin investor or a holder comes without it's own ups and downs that makes us want to sell off all of it without looking back, but know one thing, their is actually a light, at the end of the tunnel, we should not be looking at the higher transaction fees, the network congestion, the complications and effort needed to hold perfectly without you selling due to financial pressure, the negativity and speculation around it by hater, the stress and measures put in place to secure it well from scammers, but as a true Bitcoineers, we should only be look at the brighter and the bigger picture of how much you stand to gain, if you keeps on holding, look only at the brighter side of it, because that's what going to motivate you when you feel tired, cheer to all Bitcoineer🍷🥂🥂
For me, it's normal to notice some issues with Bitcoin because if you are actively using the Bitcoin network, especially in your daily lives, you will notice some things that are bothering you.But to answer this specific question, we already have solutions for these kinds of problems nowadays. And for me, noticing this kind of problem is challenging because it will help for Bitcoin or other projects that can help Bitcoin to grow and improve.
Respectfully I disagree. Yes, bitcoin has helped a lot of us and I would never downplay the benefits bitcoin has given me. It is indeed one of the most innovative and smartest projects the 21st century has given us however being blindly optimistic is not gonna help anyone. We have to acknowledge that bitcoin is not perfect and requires more work done. If we want to maximize everything bitcoin can offer, we have to think of ways how to make it even better.
Moreover, every investment carries some degree of risk, and investing in Bitcoin is no exception. Bitcoin is a popular and volatile currency and has both positive and negative aspects. However, even if it takes a positive turn now, it is difficult to say when the market will turn. Because Bitcoin has been going through many ups and downs and is already taking bold steps towards the bright side. However, we have to keep in mind the risk side, along with all the positive aspects of Bitcoin. Because, as you say, more work needs to be done, and if we want to maximize all that Bitcoin has to offer, there is no doubt that we need to think about how to make it better.
Respectfully I disagree. Yes, bitcoin has helped a lot of us and I would never downplay the benefits bitcoin has given me. It is indeed one of the most innovative and smartest projects the 21st century has given us however being blindly optimistic is not gonna help anyone. We have to acknowledge that bitcoin is not perfect and requires more work done. If we want to maximize everything bitcoin can offer, we have to think of ways how to make it even better.
I don't see a lot of downs as a bitcoin investor, I've been an investor for a really long time and throughout the years, I haven't seen any kind of downside to my investment, I'm sure though that there's some that would consider it a down if I were to list my ups as an investor but to me, it doesn't matter because if the up is always bitcoin would always give me back the investment that I've put into it even more and as long as that's the case, I can always wait for bitcoin no matter how much I invest in it. Totally the thing that you should do when you're invested in any crypto, always look into the brighter side no matter what because it's going to be like this for bitcoin market ever since, it won't change for you so the best way that you can go in all of this is to do the adjusting in the market and always be a positive about the market.
I hope I had this mindset several years ago. I wish I was able to just HODL it because it's really everything that I would've wanted, but sadly, no. It's really saddening to experience that but that's just life. It happens and you need to be aware of how you are going to proceed with your decision, especially in the cryptocurrency market. It's not easy. As long as you believe now and continue to do what you are ought to believe, then you shouldn't feel any pressure.
Thinking about positive things is good, but how to transform everything present around you cannot ignore the risks to prevent. We want good things in the future because of the things we have experienced in the past, with bitcoin there are many opportunities and I believe that in the future there will also be many opportunities with it. But in terms of investment, we view Bitcoin as a long-term investment and focus on its great potential. Bitcoin price can fluctuate strongly in the short term, but it tends to increase in value over time.
Being a Bitcoin investor or a holder comes without it's own ups and downs that makes us want to sell off all of it without looking back, but know one thing, their is actually a light, at the end of the tunnel, we should not be looking at the higher transaction fees, the network congestion, the complications and effort needed to hold perfectly without you selling due to financial pressure, the negativity and speculation around it by hater, the stress and measures put in place to secure it well from scammers, but as a true Bitcoineers, we should only be look at the brighter and the bigger picture of how much you stand to gain, if you keeps on holding, look only at the brighter side of it, because that's what going to motivate you when you feel tired, cheer to all Bitcoineer🍷🥂🥂
Cryptocurrency is not as easy as it seems, it comes with a whole lot of stress and work, we just have to continue doing what we think is right for every single one of us. Bitcoin holders will try their best to ensure things goes smoothly on their ends, none of us wouldn't appreciate ourselves with good entries on bitcoin especially when we're giving the golden opportunities to do so. We should be looking at the brighter side because it comes with a whole lot of sacrifice and there's definitely no going back when one already spotted a bold moves in the system. 
Being a Bitcoin investor or a holder comes without it's own ups and downs that makes us want to sell off all of it without looking back, but know one thing, their is actually a light, at the end of the tunnel, we should not be looking at the higher transaction fees, the network congestion, the complications and effort needed to hold perfectly without you selling due to financial pressure, the negativity and speculation around it by hater, the stress and measures put in place to secure it well from scammers, but as a true Bitcoineers, we should only be look at the brighter and the bigger picture of how much you stand to gain, if you keeps on holding, look only at the brighter side of it, because that's what going to motivate you when you feel tired, cheer to all Bitcoineer🍷🥂🥂
No investment comes with risk free. Every business has it's own risk and crypto isn't an exception here. Anyone looking at the risk in business can never become an investor. One just need to learn how to minimize the risk in any business one is planning to do. That is why is important to learn about crypto before investing in it. This will help you to manage your risk.
Being a Bitcoin investor or a holder comes without it's own ups and downs that makes us want to sell off all of it without looking back, but know one thing, their is actually a light, at the end of the tunnel, we should not be looking at the higher transaction fees, the network congestion, the complications and effort needed to hold perfectly without you selling due to financial pressure, the negativity and speculation around it by hater, the stress and measures put in place to secure it well from scammers, but as a true Bitcoineers, we should only be look at the brighter and the bigger picture of how much you stand to gain, if you keeps on holding, look only at the brighter side of it, because that's what going to motivate you when you feel tired, cheer to all Bitcoineer
Everything highlighted is true except the one I stroke, you should always be cautious about how your coins are stored else you are just HODLing for someone steal later. It's been said If you can't be responsible in storing your coins then don't invest in bitcoin or cryptocurrency In addition to Kelward reply, no matter how aggressive we try to accumulate more bitcoin especially if we are trying to catch up with older bitcoin investors we need to make sure we actually have funds to take of ourselves and also an emergency funds in case something comes in unexpectedly we don`t have to sell our coin to fix that issue and avoid any chance of selling our bitcoin in a lost.
Also the risk involve in HODLing bitcoin in a non-custodian wallet is minimal in comparison to what you will gain, while though trading bitcoin is less risky than trading altcoins since majority can be easily manipulated HODLing is still much better and less risky to it no matter what anyone will say. Also as a true bitcoin investor we shouldn`t be thinking of selling all our coins or using our profit solely for other things instead save some of our profit for getting more coins later
Being a Bitcoin investor or a holder comes without it's own ups and downs that makes us want to sell off all of it without looking back, but know one thing, their is actually a light, at the end of the tunnel, we should not be looking at the higher transaction fees, the network congestion, the complications and effort needed to hold perfectly without you selling due to financial pressure, the negativity and speculation around it by hater, the stress and measures put in place to secure it well from scammers, but as a true Bitcoineers, we should only be look at the brighter and the bigger picture of how much you stand to gain, if you keeps on holding, look only at the brighter side of it, because that's what going to motivate you when you feel tired, cheer to all Bitcoineer🍷🥂🥂
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